Elz Residence is a nine-storey residential complex located in the Arjan community of Dubai. The project was developed by Danube Properties, and its construction was completed in 2021. The complex covers an area of 5,295 sq. m (57,000 sq. ft.), and 41% of it is dedicated to green space. There are a total of 270 units in the complex, and the ground floor has a spacious lobby and retail stores.
Properties include studios, as well as one- and two-bedroom apartments. Interiors have excellent layouts, stylish designs, Italian bathroom fixtures, and panoramic windows with beautiful views of the surrounding landscaped areas.
Residents can enjoy a variety of amenities, including:
Studios have a minimum size of 37 sq. m (396 sq. ft.), and apartments have a starting price of AED 420,000 (USD 114,000).
*The price is valid for 2021
Elz Residence is situated near Sheikh Mohammed Bin Zayed Road, which provides residents with easy access to other parts of the city. The area features a well-developed infrastructure. Residents can buy groceries at Grandiose Hypermarket and Heartland Supermarket, which are located within five minutes of the complex. The Mall of the Emirates can be reached within a 15-minute drive.
Residents can take advantage of local schools and medical facilities. Australian International School is located within a 15-minute drive of the residences, and Smart Start kindergarten can be reached within a five-minute walk. Mediclinic Parkview Hospital is situated within a five-minute drive.
Elz Residence is located near several famous attractions. The Garden of Wonders and Dubai Butterfly Garden can be reached within a five-minute drive of the complex, and they offer outdoor activities and gardens.
Residents can access nearby public transportation, including bus stops 105 and F36. The nearest Metro stations are Damac Properties, Sharaf DG, and Mall of the Emirates, which are located within 15 minutes of the complex.
The community of Arjan is considered an excellent choice for those looking to make a profit on real estate investments. The area offers top-notch infrastructure, and it is situated near several major city attractions. Properties are in demand among tourists coming to Dubai to see the Formula 4 Races, as well as other sporting events. Arjan is located near Dubai Miracle Garden, Dubai Motor City, and Dubai Sports City. The area also attracts families looking to live near upscale amenities and prestigious educational institutions.
The average return on investment rate for apartments in Arjanis is 7%. Due to high demand, properties can be resold quickly and for a profit.
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